I put in a 10x long at 9.2k

Wait until the nooes get home and see 500 bucks gone

You can't really use the order book to determine supports

I still hate myself but I now feel better knowing Im not the only brainletstaypoorforeverfag

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What's your liquidation price?

hold and hope is not a strategy
the best time to think of getting out of a trade is before you ever get in it

Well I’m not betting my savings, and I’m only using half of my margin trading stack, not to mention my entire portfolio. But yeah sure we’re still in this together.

8.1

lol retard kiss that money goodbye

I have no experience with leverage trading. Can I get a quick rundown? If you leverage 10x does that mean you'll owe 10x your initial?

Your gains and losses are 10x more than they would be other wise and you have a liquidation price if you fuck up too hard, that’s it. Never in any situation will you owe more than you put in, though it’s not unlikely to get liquidated and lose the whole investment.

> All my savings are in this
This is why people get so angry at trading, come on man.

Jesus y-you guys. Add me, futur neet scum #3033 free adv and tip sharing.

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See, what did I fucking tell you about that adamantium support

stop gambling you fucking retard. all you can do right now is learn from it.

that's not how leverage should be used. All available tools should be used to reduce risk, X10 meaning you will only have to put 1/10 of your investement to have 10/10. same for X100, only 0,01/1 X 100 = 1/1.

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For every dollar btc goes up now I earn 100. Longing is fun

And for every dollar it goes down you lose 100

This user is right. We bottomed. Wait for Consensus.

Should I close it now and open a 25x long to get back the loss?

>unbreakable adamantium support

kek i have heard this so many times on here, always wrong.

I FUCKING TOLD YOU FAGGOTS

If you are going to be a degenerate gambler, why would you put your money in BTC when other coins fluctuate harder?

>aggressive gambla stake it till ya break it......so so many ways..... hehhahaha

user calm down. Mt gox btc are sold now and the FUD will end. Wenn will shoot up back to 9.4k this weekend

8350 incoming, small bounce, then 7900. Prepare now.

thank you user senseipais

no, go all in short 25X.

It's not the point. I'm long too, but everything can always go wrong. I've been buying some shitcoins this week, I've sold some low and I can rebuy whatever I want and some people will not sell low and still do well. I just think that getting trapped into HAVING TO be right is insane.

why though ? what where you thinking ? are you a legit retarded day trader

retest of 6400 inevitable, better hope it holds otherwise......

id' say 50/50

>Mt gox btc are sold now.
kek. 8,200 BTC out of 200,000 are sold now.

Why not?

Agreed. These are just the short-term supports if anons want to play them.

There is nothing short term about this literally invincible neutronium support

Buy and sell walls get pulled down and propped up constantly by bots, 99% of the orderbook is automated.

I closed it now and went 25x long with the rest.I want my goddam money back

hahahahaha

What happened to your iron hands?

last week friday i put in $20000 at $9800 cause i had to reup on some ecstasy and LSD left i the rest thinking IT Was going to brake $10000 and fly up after that im sitting here still waiting for the pump to start

youtube.com/watch?v=9EcjWd-O4jI

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I just couldnt stand this anymore, I wouldnt say this was a smart decision but it was all or nothing now anyway

but this time it's forged by the angels of god themselves

sucks to be you

>lost more in alts

Quadruple bottom on the adamantium support @ 8500

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looking at the daily charts and that horrible looking macd you might have done the right thing.

hope you're wrong because i'm not selling but good luck making your money back anyway

You'll never make it

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You are so fucked kid, you don't even know it.

well i invested in a product thats selling like well its selling like what it is i may lose in this shit coin but ill make it back from junkies & raveheads

Put a tight stop order, don't be stupid, a bad trade should be closed with a 10% loss max...

Better start dealing drugs because you will make more money that way.

people don't think BTC be like it is, but it do.

better stop smoking your inventory i'd say

That too!

Don't sell.
Buy more to protect your investment.

Looks good until now but Im scared as hell, another big red candle and Im finally fucked

Well good luck, but close that shit at 8800 or something.

LOL OP is fucked real bad, if it goes trough 8.5k then you are looking at 7.5k for btc lol

Yea, I will close it the second I break even. We need to go around 8.8k for that

The most important lesson is to cut your losses at 10-20% max and think about another trade.
It lost 50% twice, but somehow recovered. I shorted at 6600 a few weeks ago, was fucked by the big green candle and then held because I conviced myself it had to go down soon. Closed the short at 9k...

Take the loss. Even if it bounces up it's still the correct trade. You need to learn to manage risk better.

Do this OP

wait, I thought you closed to go short..
nvm.
it doesn't look good at all, best of luck tho OP
liq price?

8320

Haha you'll sell high, buy low and still lose money.

I thought btc would never go below 9k again? LUL

Dont drop Dont drop Dont drop Dont drop

> Calling someone degenerate scum on a known degenerate scum board

Wow.

when the chinks try to dump on you,
drop it like it's hot, drop it like it's hot

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Massive buy pressure now, this feels so good

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whale here, sorry to tell this to you OP, but you will get liq soon

Show me your wallet as proof and I will close it immediatly

just kidding it's a larp, I wish you luck user

I'm in tether since 9300 yesterday, I think we will go lower, but anyway hope you can recover from this loss

kek

i hope you put a stop order as suggested

Your liquidation is my entry, gg op